Foreign investments into Indian real estate was higher than collective foreign investments in the other Asia Pacific countries of Malaysia, Thailand, Indonesia, Vietnam and Philippines, said Knight Frank’s “Active Capital: The Report 2018”.

The report further observed that due to reform measures including the Real Estate Regulatory Act (RERA), Goods and Services Tax and demonetisation, “the attractiveness of Indian real estate potential has caught the fancy of international investors and developers alike resulting into this favourable investment account”.

Capital flow into Indian property market was 10 times higher than the outflow in 2017, it said, adding that “$2.6 billion of inflow was recorded compared to outbound capital flows to the tune of $0.26 billion last year”.